New $100 Bill Circulates Today

Posted: Oct 8 2013, 1:24am CDT | by , Updated: Oct 8 2013, 1:54am CDT, in News | Misc

 

The New $100 Bill is Here
 

Don't Miss: Amazon 12 Days of Deals Sale

The new $100 bill is in US circulation starting today with two new features of 3D Security Ribbon and Bell in the Inkwell. The new $100 bill has been long in the making and its new features are supposed to prevent counterfeiting. Watch a video about the new $100 bill below.

The new $100 bill is in distribution today. Maybe you are lucky and get one of the first ones on your ATM visit. It was slated to come out earlier but due to a printing error the whole process got derailed. Over 30 million banknotes with misprints were relegated to the fiery depths of an incinerator. The reason behind redesigning the banknote was the issue with counterfeiters. 

Embossing, small print and 3D prism colors are all methods used in order to prevent anyone from making fake copies of the original. This is the novel look of the $100 note. Since this banknote is widely popular outside the United States, it serves as a reputable sign of the greatest nation in the world. The problem of counterfeit notes had plagued the State Department. This redesigned note will solve that crisis in confidence. 

A money revamping was long overdue and the United States began with its redesigned $100 note which has so many new features that it is indeed hard to copy. This will cause the laws to be honored and economic exchange to carry on smoothly without any hitches. 

According to NYTimes, Michael J. Lambert, associate director of the Federal Reserve, said, “It only takes a few seconds for people — if they know what they’re looking for — to know what they’re looking at is genuine.” 

Watch below a video from Bloomberg explaining the new $100 bill.

You May Like

The Author

<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr () is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.

 

 

Advertisement

Comments

comments powered by Disqus

Share this Story

Follow Us
Follow I4U News on Twitter
Follow I4U News on Facebook

Read the Latest from I4U News